Flavour Physics and CP Violation in the SM

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We review the main aspects of Flavour Physics and CP Violation in the Standard Model. After presenting a grand view of the field including a Master Formula for weak decays we discuss i) Standard analysis of the unitarity triangle, ii) The ratio epsilon'/epsilon, iii) Rare decays K^+ -> pi^+ nu barnu and K_L -> pi^0 nu barnu, iv) CP violation in B decays and v) Models with Minimal Flavour Violation. Our review ends with 20 questions that hopefully will be answered in the coming years.
Introductory Lecture given at KAON 2001, Pisa, 12 June--17 June, 2001. Main latex-file, 5 figures, 26 pages

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